Aspee Springs Limited.

Manufacturer of auto motors, car parts, and springs since 1981, based in Delhi.

1981 | New Delhi (India) | Active
Last Updated: November 16, 2024

Aspee Springs Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.97 Cr
  • Company Age 43 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 54.69 Cr
  • Satisfied Charges ₹ 71.66 Cr
  • Revenue Growth 25.72%
  • Profit Growth 7.08%
  • Ebitda 12.42%
  • Net Worth 7.81%
  • Total Assets 10.09%

About Aspee Springs

Aspee Springs Limited. (ASL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 July 1981 and has a history of 43 years and seven months. Its registered office is in New Delhi, India.

The Corporate was formerly known as Aspee Springs Private Limited. The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 9.97 Cr.

The company currently has active open charges totaling ₹54.69 Cr. The company has closed loans amounting to ₹71.66 Cr, as per Ministry of Corporate Affairs (MCA) records.

Arvind Matharoo, Angad Matharoo, and Jaswinder Kaur serve as directors at the Company.

Company Details

  • Location

    New Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    aspeesprings.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109DL1981PLC011980

  • Company No.

    011980

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Jul 1981

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

Who are the key members and board of directors at Aspee Springs?

Board Members (3)

NameDesignationAppointment DateStatus
Arvind Matharoo Country flag representing In Director 07-Jul-1981Current
Angad Matharoo Country flag representing In Director 10-Nov-2008Current
Jaswinder Kaur Country flag representing In Director 08-Dec-2017Current

Financial Performance of Aspee Springs.

Aspee Springs Limited., for the financial year ended 2023, experienced significant growth in revenue, with a 25.72% increase. The company also saw a slight improvement in profitability, with a 7.08% increase in profit. The company's net worth moved up by a moderate rise of 7.81%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
25.72%
Revenue from Operations
25.88%
Total Assets
10.09%
Profit or Loss
7.08%
Net Worth
7.81%
EBITDA
12.42%

What is the Ownership and Shareholding Structure of Aspee Springs?

In 2023, Aspee Springs had a promoter holding of 94.20% and a public holding of 5.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹54.69 Cr

Satisfied Charges

₹71.66 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 38.19 Cr
  • Axis Bank Limited : 12.50 Cr
  • Others : 4.00 Cr

Latest Charge Details

DateLenderAmountStatus
12 Aug 2024Axis Bank Limited₹12.50 CrOpen
18 Aug 2020Hdfc Bank Limited₹2.88 CrOpen
21 Jan 2019Others₹4.00 CrOpen
16 Jan 2018Hdfc Bank Limited₹35.31 CrOpen
18 Feb 2019State Bank Of India₹5.00 CrSatisfied

How Many Employees Work at Aspee Springs?

Aspee Springs has a workforce of 196 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aspee Springs, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Aspee Springs's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Aspee Springs

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 35.31 Cr registered on 16 Jan 2018 with Charge ID 100157750 was modified on 26 Sep 2024.

    26 Sep 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 12.50 Cr with Charge ID 100958723 was registered on 12 Aug 2024.

    12 Aug 2024

  • Charges

    A charge with Others of Rs. 4.00 Cr registered on 21 Jan 2019 with Charge ID 100237462 was modified on 14 May 2024.

    14 May 2024

  • Annual General Meeting

    Aspee Springs Limited. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Aspee Springs Limited. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 2.88 Cr registered on 18 Aug 2020 with Charge ID 100394669 was modified on 08 Apr 2021.

    08 Apr 2021

Frequently asked questions

  • Aspee Springs Limited. was incorporated on 07 Jul 1981.

  • The authorized share capital of Aspee Springs Limited. is ₹ 10.00 Cr and paid-up capital is ₹ 9.97 Cr.

  • Currently 3 directors are associated with Aspee Springs Limited..

    • Arvind Preet Singh Matharoo
    • Angad Singh Matharoo
    • Jaswinder Kaur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aspee Springs Limited. is A-1/118 Second Floor Safdarjung Enclave Opposite Aashlok Hospital India, New Delhi, 110029.

  • The corporate identification number (CIN) of Aspee Springs Limited. is U27109DL1981PLC011980 and the company number is 011980 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Aspee Springs Limited. is https://www.aspeesprings.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Aspee Springs Limited. has risen by 25.72%.

  • As Per 2023 financial reports, 196 employees are currently employed by Aspee Springs Limited..

  • The financial reports for the fiscal year 2023 indicates that The net worth of Aspee Springs Limited. has experienced an upsurge of 7.81%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Aspee Springs Limited. amount to ₹ 54.69 Cr.

  • The most recent Balance Sheet for Aspee Springs Limited. was filed with the ROC on 31 Mar 2023.

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